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$149,900
Available - For Sale
Listing ID: E13631972
466 Dawes Road , Toronto, M4B 2E9, Toronto
| Rare opportunity to acquire a one-of-a-kind convenience store with a fully equipped commercial restaurant kitchen in a prime Toronto location. The current owner operates only the convenience store due to staffing shortages, leaving tremendous upside for a new owner to activate the restaurant operation and significantly increase revenue.The business generates approximately $9,000 in weekly sales:Cigarettes account for only approximately 15% of sales, Coffee and fresh patties contribute approximately 25% of sales and continue to attract loyal repeat customers.ATM commission exceeds $1,000 per month.OLG Lottery commission is approximately $1,600 per month, providing stable additional income.Located in a densely populated residential neighbourhood surrounded by numerous apartment and condominium buildings, the store benefits from consistent foot traffic and a large local customer base. The existing fully equipped restaurant offers exceptional potential for an owner-operator or family business. Introducing hot food, takeout, catering, or delivery services could dramatically increase sales and profitability.The lease is exceptionally attractive, with rent of only $2,209 per month (all inclusive) for the main-floor commercial premises. In addition, the property includes a newly renovated two-bedroom apartment on the second floor for only $1,270 per month, ideal for owner occupancy or rental income.The current lease runs until April 30, 2029, with an additional five-year renewal option, providing long-term security for the new owner. |
| Price | $149,900 |
| Taxes: | $0.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 466 Dawes Road , Toronto, M4B 2E9, Toronto |
| Postal Code: | M4B 2E9 |
| Province/State: | Toronto |
| Directions/Cross Streets: | St Clair/Victoria Pk |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Building Percentage: | F |
| Total Area: | 1200.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 700 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 7 am--7 |
| Employees #: | 1 |
| Seats: | 8 |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| HOMELIFE LANDMARK REALTY INC. |
|
|
Anne Saint-Amour
Sales Representative
Bus:
905-878-8101
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto E03 |
| Neighbourhood: | O'Connor-Parkview |
| Fireplace: | N |
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